Scottish Medicines Consortium
The Scottish Medicines Consortium (SMC) is a publicly funded national health technology assessment body that advises NHSScotland on the clinical and cost-effectiveness of all new medicines, evaluating submissions from pharmaceutical companies and patient groups to inform NHS health board formulary decisions.
- Company typePrivate
- Founded2001
- HeadquartersGlasgow, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Scottish Medicines Consortium does
The Scottish Medicines Consortium (SMC) is the national health technology assessment (HTA) body for Scotland, providing advice to NHSScotland on the clinical and cost-effectiveness of all new medicines. Established in 2001 and headquartered at Delta House, 50 West Nile Street, Glasgow, SMC operates as a statutory committee within Healthcare Improvement Scotland (HIS), a Scottish public authority accountable to the Scottish Government. SMC's core function is to evaluate new medicines through monthly Committee meetings where decisions are made by majority vote, considering submissions from pharmaceutical companies, evidence from over 200 registered patient group partners, and input from clinicians. The Committee's voting membership comprises clinicians, NHS managers, public partners, and ABPI industry representatives, with quorum set at one-third of members.
SMC's service offering spans multiple assessment pathways. The standard New Product Assessment Form (NPAF) follows an approximately 18-week timeline; end-of-life and rare condition medicines are assessed through Patient and Clinician Engagement (PACE) meetings with timelines of 22-26 weeks; medicines for extremely rare conditions (prevalence 1 in 50,000 or less) follow a dedicated ultra-orphan pathway; medicines in the same therapeutic class as existing alternatives are processed via abbreviated submissions; and conditional approvals are available through the interim acceptance decision option. The Patient Access Scheme Assessment Group (PASAG) reviews proposed commercial arrangements for implementation feasibility. SMC is also a full partner in the UK-wide Innovative Licensing and Access Pathway (ILAP) alongside the MHRA, NICE, NHS, and patient groups.
SMC is a publicly funded body and does not generate commercial revenue. Funding flows from the Scottish Government via Healthcare Improvement Scotland, and SMC provides its advisory outputs at no charge to NHS Scotland territorial health boards, their Area Drug and Therapeutics Committees (ADTCs), pharmaceutical companies submitting medicines, and patient groups providing evidence. Accepted medicines are expected to be incorporated into NHS board formularies, with confidential advice shared four weeks before public publication. Leadership transitioned from Professor Scott Muir to Dr Robert Peel as Chair in April 2026.
Scottish Medicines Consortium firmographics
Firmographics- Name
- Scottish Medicines Consortium
- Legal name
- Scottish Medicines Consortium
- Website
- https://scottishmedicines.org.uk
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Scottish Medicines Consortium (SMC) is a publicly funded national health technology assessment body that advises NHSScotland on the clinical and cost-effectiveness of all new medicines, evaluating submissions from pharmaceutical companies and patient groups to inform NHS health board formulary decisions.
- Ownership category
- akta.pro rank
Scottish Medicines Consortium industry classification
Industry- Product category
- Health Technology Assessment
- NAICS
- Other Scientific and Technical Consulting Services (541690), Scientific Research and Development Services (5417)
- SIC
- Services-Health Services (8000), Services-Misc Health & Allied Services, Nec (8090)
- akta.pro primary industry
- Clinical Trials Authorization & Oversight (GCP) (HLAJADAF)
- akta.pro secondary industry
- Global Health Research, Clinical Trials & Product Development Partnerships (PDPs) (HLAJAOAM)
Keywords
Where Scottish Medicines Consortium is headquartered
LocationHeadquarters
- HQ city
- Glasgow
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Scottish Medicines Consortium business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Public funding (Scottish Government/Healthcare Improvement Scotland): SMC is a Scottish Government-funded body that operates as part of Healthcare Improvement Scotland. As a public advisory body, it does not generate commercial revenue. The SMC secretariat and core functions sit within Healthcare Improvement Scotland (HIS), which is a public authority.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Scottish Medicines Consortium product offering
Product offeringCore offering
The Scottish Medicines Consortium (SMC) is the national source of advice on the clinical and cost-effectiveness of all new medicines for NHSScotland. It conducts health technology assessments of newly licensed medicines by evaluating clinical evidence, health economic data, and patient and clinician input, then issues advice to NHS Scotland health boards on whether medicines should be accepted for use. Its remit covers prescription-only medicines (POMs) in Scotland through standard pathways and specialised routes for ultra-orphan, end-of-life, and abbreviated cases.
Product overview
The Scottish Medicines Consortium (SMC) is not a product company but a national health technology assessment (HTA) body that provides advisory services to NHSScotland. SMC's service offering consists of multiple assessment pathways and engagement processes: the core Medicines Assessment Advice service evaluates new medicines for clinical and cost-effectiveness; the Patient and Clinician Engagement (PACE) process amplifies patient and clinician voices for end-of-life and rare condition medicines; the Ultra-Orphan Medicines Pathway handles medicines for extremely rare conditions; the Abbreviated Submissions Process expedites assessment for therapeutic class alternatives; and the Interim Acceptance Decision Option allows conditional approval with ongoing evaluation. SMC also participates in the Innovative Licensing and Access Pathway (ILAP), collaborating with MHRA and other HTA bodies. Companies interact with SMC through the New Product Assessment Form (NPAF) and Patient Access Scheme submissions.
Differentiator
Problem solved
Functional benefit
Products and services
- Medicines Assessment Advice
- Patient and Clinician Engagement (PACE)
- Ultra-Orphan Medicines Pathway
- Abbreviated Submissions Process
- Interim Acceptance Decision Option
- Innovative Licensing and Access Pathway (ILAP)
- New Product Assessment Form (NPAF)
- Patient Access Scheme (PAS) Submission
Quantifiable outcome
- Medicines accepted for use in NHSScotland following SMC assessment
- +1 more outcomes
Companies that use Scottish Medicines Consortium
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Scottish Medicines Consortium technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Scottish Medicines Consortium partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Healthcare Improvement Scotland (HIS)coreSMC secretariat and core functions sit within Healthcare Improvement Scotland. HIS is the parent public authority covering SMC under Freedom of Information (Scotland) Act 2002. SMC decisions and operations are aligned with HIS Evidence Directorate policies, including declarations of interest policies.
- NHS Scotland Health BoardscoreSMC provides advice to all NHS Scotland territorial health boards and their Area Drug and Therapeutics Committees (ADTCs). Health boards receive confidential advice four weeks before public publication and are expected to implement accepted medicines.
- Innovative Licensing and Access Pathway (ILAP)coreILAP is a unique initiative aiming to accelerate time to patient care for transformative medicines. SMC is a full partner alongside MHRA (regulator), NICE (HTA), NHS, and patients. ILAP enables collaborative work from early clinical development through regulatory approval and HTA assessment.
- Association of British Pharmaceutical Industry (ABPI)coreABPI, in partnership with SMC, has developed a toolkit for industry representatives to help with submissions. ABPI members have voting rights on the SMC Committee. ABPI toolkit provides guidance on submission processes.
- Patient Access Scheme Assessment Group (PASAG)corePASAG reviews and advises NHSScotland on the feasibility of proposed Patient Access Schemes for implementation. Operates separately from SMC to maintain integrity of the assessment process.
- Medicines and Healthcare products Regulatory Agency (MHRA)coreMHRA is the UK regulator for medicines. SMC works with MHRA on ILAP pathway and considers medicines with conditional marketing authorisation from MHRA. Companies may submit medicines up to two months before final MHRA approval.
- National Institute for Health and Care Excellence (NICE)minorSMC collaborates with NICE on HTAs. From October 2017, NICE Multiple Technology Appraisals (MTAs) are no longer assessed by Healthcare Improvement Scotland for applicability to NHSScotland.
- Patient group partners (200+ registered organizations)coreSMC works with over 200 registered patient group partners including national charities and local support groups. Patient groups submit evidence about patient and carer experiences to inform committee decisions. Partners include organizations such as Myeloma UK, Blood Cancer UK, Kidney Care UK, and many others covering diverse conditions.
Scale indicators4 records
Recent moves5 records
Expansion highlights2 records
Scottish Medicines Consortium competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Scottish Medicines Consortium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Scottish Medicines Consortium leadership team
Management profileNumber of profiles
Profiles5 records
Scottish Medicines Consortium funding detail
Funding detailFunding overview
Funding rounds
Investors
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Scottish Medicines Consortium M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about Scottish Medicines Consortium
What does Scottish Medicines Consortium do?
The Scottish Medicines Consortium (SMC) is the national source of advice on the clinical and cost-effectiveness of all new medicines for NHSScotland. It conducts health technology assessments of newly licensed medicines by evaluating clinical evidence, health economic data, and patient and clinician input, then issues advice to NHS Scotland health boards on whether medicines should be accepted for use. Its remit covers prescription-only medicines (POMs) in Scotland through standard pathways and specialised routes for ultra-orphan, end-of-life, and abbreviated cases.
Is Scottish Medicines Consortium a public or private company?
Scottish Medicines Consortium is a private company. It is classified as state government owned and is currently operating.
When was Scottish Medicines Consortium founded?
Scottish Medicines Consortium was founded in 2001. It employs 11 to 50 people.
Where is Scottish Medicines Consortium based?
Scottish Medicines Consortium is headquartered in Glasgow, United Kingdom, in the Europe region.
How does Scottish Medicines Consortium make money?
One revenue line is on record: public funding (Scottish Government/Healthcare Improvement Scotland).
Does Scottish Medicines Consortium have an API?
No public API is recorded for Scottish Medicines Consortium.
What industry is Scottish Medicines Consortium in?
Scottish Medicines Consortium's product category is Health Technology Assessment. Its primary akta.pro industry code is HLAJADAF, Clinical Trials Authorization & Oversight (GCP), with a secondary code of HLAJAOAM, Global Health Research, Clinical Trials & Product Development Partnerships (PDPs). Its NAICS code is 541690 and its SIC code is 8000.